Full Coverage Auto Insurance Miami Florida

Reader’s Question:

I am financing my car here in Miami Florida. Do I need to get full coverage auto insurance?

Michelle

Miami Florida

 

Usually the leasing company will require you to get full coverage auto insurance of physical damage coverage on your car. Physical damage coverage consist of collision and comprehensive coverage.

Comprehensive Coverage Covers your car resulting from incidents other than collision. This type of coverage covers your car if it is stolen; or damaged by flood, fire, or animals. This covers your car less the deductible you choose.

Collision Coverage pays damage to your vehicle when your automobile hits, or is hit by, another car, or object.

Additionally, you will need Property Damage Liability and PIP to the requirements of the State of Florida.

You will need to choose limits for your Property Damage Liability and Bodily Injury Liability in Miami Florida.